Cornerstone Management Inc. Acquires 34,144 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Cornerstone Management Inc. lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 10.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 364,801 shares of the company’s stock after purchasing an additional 34,144 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for 6.8% of Cornerstone Management Inc.’s holdings, making the stock its 4th biggest holding. Cornerstone Management Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $35,349,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Mesirow Financial Investment Management Inc. grew its stake in iShares Core U.S. Aggregate Bond ETF by 0.8% during the third quarter. Mesirow Financial Investment Management Inc. now owns 12,674 shares of the company’s stock worth $1,283,000 after purchasing an additional 104 shares during the period. Howe & Rusling Inc. lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 2.4% during the 3rd quarter. Howe & Rusling Inc. now owns 4,414 shares of the company’s stock valued at $447,000 after acquiring an additional 105 shares during the period. Cornerstone Wealth Management LLC boosted its stake in iShares Core U.S. Aggregate Bond ETF by 2.1% during the third quarter. Cornerstone Wealth Management LLC now owns 5,196 shares of the company’s stock worth $526,000 after acquiring an additional 109 shares in the last quarter. Braun Bostich & Associates Inc. increased its stake in iShares Core U.S. Aggregate Bond ETF by 4.5% in the fourth quarter. Braun Bostich & Associates Inc. now owns 2,533 shares of the company’s stock valued at $245,000 after purchasing an additional 109 shares in the last quarter. Finally, Heritage Wealth Management Inc. CA raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 0.7% during the third quarter. Heritage Wealth Management Inc. CA now owns 17,410 shares of the company’s stock valued at $1,763,000 after purchasing an additional 116 shares during the period. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of AGG opened at $97.17 on Tuesday. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $94.85 and a 52 week high of $102.04. The stock has a 50 day moving average price of $97.47 and a two-hundred day moving average price of $98.87.

iShares Core U.S. Aggregate Bond ETF Company Profile

IShares are index funds that are bought and sold like common stocks on national securities exchanges as well as certain foreign exchanges. iShares are attractive because of their relatively low cost, tax efficiency and trading flexibility. Investors can purchase and sell shares through any brokerage firm, financial advisor, or online broker, and hold the funds in any type of brokerage account.